Archive for November, 2007

Coalition backs KUTh Energy to the tune of $5million

Thursday, November 22nd, 2007
Sydney, Nov 22, 2007 (ABN Newswire) - KUTh Energy Limited (ASX: KEN) welcomes the announcement from the federal government of continuing support for geothermal energy development in Australia, including specific funding to assist KUTh Energy to accelerate its geothermal exploration program in Tasmania. As part of its policy A climate resilient future: A clean energy plan for Australia, the government has announced provision for up to $5 million for KUTh on a dollar-for-dollar basis for geothermal mapping and data acquisition.

» KUTh Energy Welcomes Government Support for KUTh’s Geothermal Exploration in Tasmania - ABN Newswire, 22nd November 2007.

Coalition backs HDR to the sum of $50million

Wednesday, November 21st, 2007
Hot-rocks hopeful Petratherm, one of several South Australian companies exploring for hot-rock geothermal energy, with the ultimate objective of providing energy for producing electricity, was promised $50million yesterday for its Paralana project.

» Backing for clean energy projects - The Australian, November 21st 2007.

Geelong’s geothermal goldmine (Greenearth Energy Ltd)

Wednesday, November 14th, 2007
Greenearth Energy Ltd yesterday launched a share offer to raise the money to further explore promising local geothermal sites.Greenearth Energy general manger Enrico Bombardieri said a geothermal energy industry in Geelong could supply cheaper electricity and create jobs.

Geelong’s geothermal goldmine - The Geelong Advertiser, 13th November 2007.